Don't trust easily all BSC tokens

[Master107]

You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.

Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.

BSC did not promised the zero scam project. Be cautious.

[Review Master]

BSC did not promised the zero scam project. Be cautious.

Indeed, no blockchain can able to provide a guaranteed scam free projects. That's why we need ot be aware of those scam projects and DYOR first before taking further steps for any projects. Also, many projects look great or promising at the beginning,but those become a rugpull one at the end. So, yield farmer also needs to be careful and control our greed from high APY as whales can manipulate the price of that projects and dumped a lot.

[Master107]

@Review Master
I agree. Dyor always matter every time we are dealing with investment or whatever as long as we are in crypto ecosystem. Project that looks like promising is not 100% legit potential as what you said "rug pull." There are hopeful investors toward their investment and yet in just a day the team run the huge money. So devastating for the other investor that some might sacrifice their daily meal or savings just to invest. The Scammers seems inhuman (not considering the loses of others).

Btw, just want to share. NextMoon is different. The team refunded the victim who bought fake NextMoon. They also asked who bought 10$ worth of token and sold when the price dump (they will refund). A kind approach with compassion to the community. Salute

[ShadowCrypto]

For sure, there is a lot of crap being created everyday, aways make some reasearch before buying any kind of token bep20

[Maynul96]

On this time i see that many people invest their fund on all Low cap Bsc project and also i see that many people make some good money for their investment. I also i see that now BSC token is a Trending on market. But i think we can invest $5-$50 usd on this Type bsc project.           

[sneakyboi]

This time, BSC projects are swarming like locust in the BSC blockchain. Most of them are definitely a "Pump and dump" projects, or even rugpulls. My friend recommends a coin that will be listed and said "this will go to moon" to our other friends and i warn them about that. and then, a rugpull happens. Our friends suffers a massive lost on their portfolio just like that.

Lesson: Research first. "DYOR".

[Zed0X]

~ But i think we can invest $5-$50 usd on this Type bsc project.         

If these amounts don't hurt you even if you lose them from exit scams and/or rug pulls, I guess it's okay. Just be reminded that many of the new projects with low caps are high risk-high return plays. In most cases, it's more like gambling than investing.

[mrjoy15]

~ But i think we can invest $5-$50 usd on this Type bsc project.         

If these amounts don't hurt you even if you lose them from exit scams and/or rug pulls, I guess it's okay. Just be reminded that many of the new projects with low caps are high risk-high return plays. In most cases, it's more like gambling than investing.

I do the exactly same thing, since we are in bull market. At this time which coin is gonna high we have literally no idea. Some alt coin can speedily heading to the moon and we could double or triple our investment. But, only little portion of investment is good.

[Zed0X]

~
At this time which coin is gonna high we have literally no idea. Some alt coin can speedily heading to the moon and we could double or triple our investment.

That's actually happening. I remember a post in another forum few days ago that his $20 gamble on a token turned into $1,000+ in two months time. It happened at the same time Doge was pumping to $0.4. I don't know if he cashed out and took profits already though.

[legend45]

You know, thieves are floating around in crypto seeking for someone to grab their money. Don't trust easily the so called "new project on BSC platform." Scammers are everywhere from ERC20 and BSC and so on.

Be careful not to give in to realistic/unrealistic platform copycat with ugly project background. To research is a must. Don't be in hurry to invest without knowing first. Take care of your money. Much better to go with the flow where the professional team manage the project with realistic goal and use case.

BSC did not promised the zero scam project. Be cautious.

Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.

[Master107]

Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.

Within shit coins the potential may come out. As we know that all projects are in genesis stage which in vital moment to form bigger and strong community with trust. Scam or rug pulls are always possible. As what we always recommend, dyor is necessary and just invest what we can afford to lose just in case.

Btw, you can include NextMoon.

[Review Master]

Of course, you're right. don't trust easily all bsc tokens. I see there are many new BSC project..But we must be careful to invest and learn the team and the project. Because I also see several good project like safemoon and Moonrat.

By researching on the quality of the team or project isn't enough to be sure that it would be safe to invest. As every team of a project will surerly act like a professional one and try to convince community members that they're here to do more things and they'll be game changer in the crypto community. In the mean time, most of the community members get faith on them for their actions, but some of those projects become a scam or rug pulled project. So, we should always try to profit out the initial amount whenever we are on profits and don't fall for greediness, IMO.

[Freemind]

Do not believe in any project no matter what chain it is on, BSC is not perfect of course and there are also scams. We always have to read the project documentation, social networks, articles, seek the experience of the team members and much more.I will never tire of repeating it, DYOR, does not matter in which chain the projects work.

[aiviaa485]

Beware is probably better than being reckless on the path of the Binance Smart Chain.

This hive for the Binance Smart Chain is so powerful that it overloads the blockchain of the Binance Smart Chain.
I saw Changpeng Zhao write that tweet a few days ago and I was really amazed that the Binance Smart Chain community is so huge.
But behind all this, there will definitely be a handful of people who take advantage of the hives of the Binance Smart Chain and create bep20 tokens quickly and when listing on the Decentralized Exchange sells all their tokens and there is Rugpul.

[Carbitcoin]

I believe that each of us should understand a very simple truth that today binance Smart Chain is used by everyone who does not like the high commission on the Ethereum network, that is, they save. Although Each of us should understand the fact that Ethereum is a decentralized platform, which means it is much better and safer than bsc. Although there are very good projects on the binance smart chain, but among the total, their turn is difficult to recognize.